Increasing the competitiveness, improving the capacity and the export potential of STEEL PRODUCTION LTD by acquiring highly specialized tangible fixed assets.

STEEL PRODUCTION Ltd. was founded in 2013 and is headquartered and operates in Lom. The company is one of the leading companies in the region in the field of production of cold-treated welded structural hollow profiles; welded pipes; precision steel pipes. The main limitation of the company is the impossibility for independent and automatic sharpening, soldering and grinding of the circular saws / discs, which are placed in the circular saws, with which the materials used in the products are cut.At present, this type of process due to lack of specialized equipment is outsourced or done manually, which leads to inefficiency and delay in the most significant production process, namely the cutting of raw materials used in metal products. Circular saws / discs are the main elements of the line used by the company and the process of grinding, sharpening and soldering and re-inserting in the circular saws leads to stopping the production cycle, and hence to reducing the capacity of the company and reducing the number of products per unit time.These negative factors limit the opportunities for market development and growth of the company. The planned project activity is aimed at purchasing and introducing into production three new assets needed for grinding, sharpening and soldering of circular saws / discs, which are used in the circular saws, cutting the raw materials.This equipment directly affects the increase of the production capacity of the company, as the presence of this type of machines will lead to a faster process of adjusting the saws and will improve their technical parameters, which will directly reflect on the reduction of time for cutting the material used. (steel and aluminum) and respectively on increasing the volume of produced metal products. The planned investments will introduce new technologies that will optimize production, improve resource efficiency and create potential for export.

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